topic-04008004 Economic Indicator News Coverage - Los Angeles Times
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Economic Indicator

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  • Jobless claims edge up, but 4-week average falls to prerecession level

    Jobless claims edge up, but 4-week average falls to prerecession level
    Initial jobless claims over the previous month hit their lowest level since the start of the Great Recession, indicating the labor market might be nearing a return to normal.
  • Russian economy hit by Ukraine fallout; 0% growth in 2014 possible

    Russian economy hit by Ukraine fallout; 0% growth in 2014 possible
    Russia's economy has been hit hard by the Ukraine crisis, prompting finance officials to cut growth forecasts for this year to near zero and draining the country's hard currency reserves as investors flee an uncertain market, Kremlin officials disclosed...

    Surging retail sales signal an economy on the upswing

    Surging retail sales signal an economy on the upswing
    Americans rushed out to shop as frigid weather lifted in March, propelling retail sales at the fastest pace in a year and a half. The gauge from the Commerce Department surged 1.1% last month from February in its biggest leap since September 2012. Sales...

    Jobless claims fall to lowest level in nearly seven years

    Jobless claims fall to lowest level in nearly seven years
    Initial jobless claims plunged last week to their lowest level in nearly seven years, a sign that the labor market was picking up traction. The number of first-time claims for unemployment benefits dropped to 300,000 last week, a decrease of 32,000 from...

    Russia's 'oil sickness' erodes urgency for reform, critics say

    Russia's 'oil sickness' erodes urgency for reform, critics say
    MOSCOW — It can take Moscow residents two hours in dense traffic to drive the first 10 miles on the highway to St. Petersburg, in the direction of their country cottages surrounded by lakes and birch groves. Then the road's real limitations become...